Definition
Investment in human capital refers to spending on education and training to improve worker productivity.
Why It Matters
It raises incomes and economic growth.
Example
Paying for job training programs.
Malone Global University
Malone Global University
Economics Glossary – Malone Global University
Investment in human capital refers to spending on education and training to improve worker productivity.
It raises incomes and economic growth.
Paying for job training programs.